Liz Truss put growth, growth, growth at the epicentre of her policies again this week. It is the dividing line around which she will seek to differentiate the world between those who are for her and those who are opposed, in her view, to what she stands for.
I suggest Truss has made a mistake, fails to understand what growth is and will not deliver much of it no matter what she says.
There is some growth that is natural. Children grow. That’s good news. So, unfortunately, do cancers. That’s not good. Even where growth is a natural phenomenon it is not necessarily good. In that case any discussion on growth has to say what growth is desired.
